What the big chain bookstores did to the mom & pop shops, Amazon.com is doing to the big chain bookstores. At least Borders, which may be in its death throes. (Barnes & Noble is hanging in there.) Border’s woes are not just the internet. The Washington Post published a fascinating article about Borders in the context of the larger book business: Borders struggles amid rapid changes in book sales.
We have discussed the pro’s and con’s of Walmart, which gives customers good prices and thus a higher standard of living, at the expense of wiping out small local businesses. I wonder, though, if even the big corporate department stores are at risk from the internet. My daughter (a grown-up) buys virtually everything online–shoes, clothes, vitamins. Will we even need hard-copy shops, except to buy food and maybe staples from Wal-Mart, which will surely survive?